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-   -   Bought something from Ebay UK but have to pay in USD! (https://www.cableforum.uk/board/showthread.php?t=20194)

Caspar 16-11-2004 12:32

Bought something from Ebay UK but have to pay in USD!
 
Right I bought something from Ebay in the UK, from a seller based in the States.

I knew this and it's not a problem about the import and huge delivery costs :erm: ...but when I went to pay for it... his paypal account refused payment in UK sterling, USD only.

So I logged into paypal and changed the default payment to USD from UK Sterling.

...but it still refuses it :confused:

Any ideas of I can pay for this in PayPal?

aliferste 16-11-2004 12:38

Re: Bought something from Ebay UK but have to pay in USD!
 
Whats the actual reason it is giving?

SMHarman 16-11-2004 12:40

Re: Bought something from Ebay UK but have to pay in USD!
 
Paypal should just convert the funds from your £ account to $ and then send them and charge a fee for the privilage. Sounds like a PP problem to me.

Quote:

Originally Posted by looks like this if it works
Total Amount: -£50.78 GBP
Date: 25 Oct. 2004
Time: 09:27:49 BST
Status: Completed

--------------------------------------------------------------------------------

Conversion From: -$95.65 USD
Conversion To: £50.78 GBP
Exchange Rate: 1 US Dollars = 0.530930 Pounds Sterling


Caspar 16-11-2004 12:50

Re: Bought something from Ebay UK but have to pay in USD!
 
There's nothing in that Paypal account, I expect it to take from my credit card...

SMHarman 16-11-2004 12:52

Re: Bought something from Ebay UK but have to pay in USD!
 
Thats what happend with the above transaction, in fact I switched it from taking it from my bank account to taking it from my CC.

Are the CC details still valid?

Caspar 16-11-2004 12:53

Re: Bought something from Ebay UK but have to pay in USD!
 
yeah I used them the other day.

Caspar 16-11-2004 12:59

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by aliferste
Whats the actual reason it is giving?

paypal.com:
"This recipient does not accept payments denominated in Pounds Sterling. Please select another currency to send your payment. "

bob_builder 16-11-2004 13:04

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by Caspar
paypal.com:
"This recipient does not accept payments denominated in Pounds Sterling. Please select another currency to send your payment. "

I do not know how PayPal works but if you are paying by credit card can you not pay in US Dollars and let your credit card company do the conversion?

Caspar 16-11-2004 13:06

Re: Bought something from Ebay UK but have to pay in USD!
 
yeah I have before when dealing with other sites

daxx 16-11-2004 13:06

Re: Bought something from Ebay UK but have to pay in USD!
 
add a USD account to your paypal and change your default currency to USD and then proceed with the transaction

Caspar 16-11-2004 13:06

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by daxx
add a USD account to your paypal and change your default currency to USD and then proceed with the transaction

This is what i have done :confused:

gary_580 16-11-2004 13:07

Re: Bought something from Ebay UK but have to pay in USD!
 
You select USD and pay the required amount in USD. PAYPAL will then charge your credit card in USD and they will convert it to Sterling

Caspar 16-11-2004 13:12

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by gary_580
You select USD and pay the required amount in USD. PAYPAL will then charge your credit card in USD and they will convert it to Sterling

Coming from EBAY it does not allow you to specify the payment currency.

I can do it from within Paypal...I've sent asking for the correct USD value.

SMHarman 16-11-2004 14:48

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by gary_580
You select USD and pay the required amount in USD. PAYPAL will then charge your credit card in USD and they will convert it to Sterling

Not any more Paypal internally converts the £>$ and takes the £ figure off your card. See my post 3. That was a $ ebay transaction on the 25th.

tkiely 16-11-2004 15:36

Re: Bought something from Ebay UK but have to pay in USD!
 
I had this very same problem, ended up emailing the vendor and paying via CC instead of paypal.

Graham 17-11-2004 02:26

Re: Bought something from Ebay UK but have to pay in USD!
 
I'd just remind people that your credit card company will most likely charge you a fee for a foreign currencty conversion, so you'll end up paying a percent or three more than you bargained for...

punky 17-11-2004 02:34

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by Graham
I'd just remind people that your credit card company will most likely charge you a fee for a foreign currencty conversion, so you'll end up paying a percent or three more than you bargained for...

It is nowhere near what you would expect. I use my CC all the time abroad, and the fee is in normally in pence rather than pounds, and the exchange rate seems pretty favourable. The same with withfdrawing money from a foreign ATM (Most debit cards work around the world if the ATM has the Cirrus logo)

SMHarman 17-11-2004 09:54

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by Graham
I'd just remind people that your credit card company will most likely charge you a fee for a foreign currencty conversion, so you'll end up paying a percent or three more than you bargained for...

It's a conundrum though, as they shift so much money, they get great FX rates, so the extra cost of paying by credit card is often outweighed by the saving on the FX conversion.

Mrs H's business imports all her product range, we settle all our suppliers by credit card as it is the easiest way for transactions of under $1000 (and realistically $5000). The Nationwide card is apparantly the best for all this (mental not to look into that).

Using a CC is certainly cheaper than getting cash at the airport / bank / travel agent. When I travel to any well developed nation now I get cash from an ATM/Cashpoint on arrival and use Credit Cards where I can, this seems to be the most effective way of paying for a trip.

bob_builder 17-11-2004 10:49

Re: Bought something from Ebay UK but have to pay in USD!
 
Quote:

Originally Posted by SMHarman
The Nationwide card is apparantly the best for all this (mental not to look into that).

Yes, the Nationwide credit card does not charge any extra fee for foreign purchases. It is also worth noting, though less well known, that the Nationwide cash card / debit card does not charge any extra fee for foreign purchases or cash withdrawals. You just pay the exchange rate (which as SMHarman said, is far better than you would get at a Bureau de Change).


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